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<p>The Bank of England has not put forward any proposals to provide lending through
peer-to-peer platforms.</p><p> </p><p>The government believes that peer-to-peer platforms
can deliver innovative forms of finance for both consumers and business that can provide
competition in the marketplace. The government has therefore implemented a proportionate,
principles based regime for peer-to-peer lending that balances the need for consumer
protection with allowing the sector to grow and evolve.</p>
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